Auto Industry News
India Seeks Lower Oil Prices As High Pump Prices Bite
Oil prices in the global market this month hit their highest level in more than two years as the global economy recovers from the COVID-19 pandemic. However, prices fell on Monday after OPEC and other key producing countries agreed on Sunday to increase oil supply from August to cool prices.
Rajasthan EV Policy 2021: State Government To Offer Subsidies Of Up To Rs. 20,000 On EVs
Jul 19, 2021 11:34 PM
The state government will subsidise the upfront cost of electric vehicles (EVs) for early adopters by reimbursing the state goods and service tax (SGST) and extending a one-time incentive, depending upon the battery capacity of the EV sold.
Tatas In Talks With West Bengal Government For Big Ticket Investments
Jul 19, 2021 10:35 PM
One of the biggest business conglomerates in India, the Tatas, are in talks with the West Bengal government over big ticket investments in the state.
Suzuki To Enter Electric Vehicle Market By 2025, Starting With India: Report
Jul 19, 2021 08:31 PM
The automaker plans an all-electric compact model to be made available for around 1.5 million yen ($13,626) after government subsidies are taken into account.
Hyundai Alcazar Receives 11,000 Bookings Since Its Launch
Jul 20, 2021 07:44 PM
The company has already sold 5600 units of the Alcazar in the country and it plans to ramp up production based on the demand.
American Father And Son Sentenced To Prison By Tokyo Court For Helping Carlos Ghosn Escape Japan
Jul 19, 2021 07:56 PM
US Army Special Forces veteran Michael Taylor has been sentenced to two years imprisonment, while his son Peter is sentenced to one year and eight months for helping former Nissan Motor Co. Ltd. Chairman Carlos Ghosn flee to Lebanon in 2019.
Tesla Launches Subscription Service For Advanced Driver Assistance Software
Jul 18, 2021 10:29 PM
Tesla is offering customers the option to subscribe to its advanced driver assistance software, dubbed "Full Self-Driving capability", for $199 per month, instead of paying $10,000 upfront.
ZF Plans To Achieve 3 Billion Euro Revenue From The Indian Market By 2030: Report
Jul 18, 2021 08:20 PM
ZF plans to establish India as a region with decision-making power to drive the business. The company wants to achieve a revenue of 3 billion euros, by 2030, out of which 2 billion euros will come from sourcing volumes alone.
Tata Power Partners With HPCL To Set Up EV Charging Stations At Its Petrol Pumps
Jul 18, 2021 05:46 PM
Tata Power has announced signing an agreement with Hindustan Petroleum Corporation Limited (HPCL) to set up electric vehicle charging stations at the latter's petrol pumps.
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